Here you will find all the articles with the tag: Marc Benioff.
Salesforce has presented its Q1 results. Notable highlights include an 11% year-over-year increase in revenue, totaling $8.25 billion, along with a 13% constant currency increase. The GAAP operating margin for the quarter reached 5.0%, while the non-GAAP operating margin stood at 27.6%. The rema... Read more
11 months ago
Salesforce is engaged in a hefty battle at the board level with several activist shareholders. These believe that Salesforce is performing far below its potential and that things must improve. Revenue and especially profit needs to go up. One of the demands of Elliot Management, the largest activis... Read more
1 year ago
Salesforce CEO Marc Benioff reportedly questioned the productivity of new employees in an internal Slack message leaked to CNBC. According to CNBC, the CRM giant's chief sent an internal Slack message concerning the productivity of new employees to all staffers last Friday. Benioff suggested th... Read more
1 year ago
Salesforce co-CEO Bret Taylor is stepping down at the end of January 2023. Marc Benioff will become the sole CEO. The precise reason for Taylor's departure was not disclosed. Salesforce did emphasize that the executive is leaving on his own initiative. Taylor, who has been responsible for Sales... Read more
1 year ago
Salesforce co-CEO Marc Benioff told Bloomberg that the organization intends to acquire more companies in the near future. In addition, Salesforce disclosed an ambitious revenue strategy and plans to further integrate previously acquired companies into its portfolio. At a Q&A with Bloomberg ... Read more
2 years ago
Bret Taylor is now the co-chief executive officer of Salesforce. His announcement to the role came on the same day that the company’s shares dropped in after-hours trading, following lower than expected earnings forecast. Bringing Taylor into the co-CEO role is a big move by the company whose ... Read more
2 years ago
Apple and Salesforce enter into a strategic partnership to combine iOS with Salesforce's customer relationship management system. To do this, Salesforce developers are working with Apple to redesign its app to work well on iOS. The collaboration also gives the Salesforce platform certain new and iOS... Read more
6 years ago
After Amazon founder Jeff Bezos took over the Washington Post in 2013, there is still a tech billionaire who buys his own magazine. Marc Benioff, co-founder of Salesforce, together with his wife Lynne Time Magazine, took over from Meredith Corp. Before that, the couple paid $190 million. Adweek repo... Read more
6 years ago
